Australia and Oceania: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Australia and Oceania

The market for saw logs and veneer logs in Australia and Oceania declined slightly to $X in 2022, dropping by X% against the previous year. In general, consumption, however, recorded a slight reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Saw Logs And Veneer Logs in Australia and Oceania

In value terms, saw logs and veneer logs production declined modestly to $X in 2022 estimated in export price. The total production indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Exports of Saw Logs And Veneer Logs

Exports in Australia and Oceania

For the third consecutive year, Australia and Oceania recorded decline in overseas shipments of saw logs and veneer logs, which decreased by X% to X cubic meters in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at X cubic meters in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, saw logs and veneer logs exports shrank to $X in 2022. Total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

New Zealand prevails in exports structure, accounting for X cubic meters, which was near X% of total exports in 2022. Papua New Guinea (X cubic meters) held the second position in the ranking, followed by Solomon Islands (X cubic meters). All these countries together held approx. X% share of total exports. Australia (X cubic meters) followed a long way behind the leaders.

New Zealand experienced a relatively flat trend pattern with regard to volume of exports of saw logs and veneer logs. At the same time, Solomon Islands (X%) displayed positive paces of growth. Moreover, Solomon Islands emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. Papua New Guinea experienced a relatively flat trend pattern. By contrast, Australia (X%) illustrated a downward trend over the same period. While the share of Solomon Islands (X p.p.) and New Zealand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Papua New Guinea (X p.p.) and Australia (X p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) remains the largest saw logs and veneer logs supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a X% share of total exports. It was followed by Solomon Islands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in New Zealand amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Papua New Guinea (X% per year) and Solomon Islands (X% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per cubic meter, with an increase of X% against the previous year. Export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saw logs and veneer logs export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Papua New Guinea ($X per cubic meter), while New Zealand ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs

Imports in Australia and Oceania

In 2022, overseas purchases of saw logs and veneer logs increased by X% to X cubic meters, rising for the second consecutive year after two years of decline. In general, imports, however, showed a perceptible descent. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, saw logs and veneer logs imports soared to $X in 2022. Overall, imports, however, showed a pronounced downturn. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Australia prevails in imports structure, recording X cubic meters, which was near X% of total imports in 2022. Fiji (X cubic meters) held the second position in the ranking, followed by New Caledonia (X cubic meters). All these countries together took near X% share of total imports. New Zealand (X cubic meters), Marshall Islands (X cubic meters), Tonga (X cubic meters) and Samoa (X cubic meters) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the saw logs and veneer logs imports, with a CAGR of X% from 2012 to 2022. At the same time, New Caledonia (X%), Marshall Islands (X%) and Samoa (X%) displayed positive paces of growth. By contrast, New Zealand (X%), Fiji (X%) and Tonga (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.), New Caledonia (X p.p.), Marshall Islands (X p.p.) and Samoa (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (X p.p.), Fiji (X p.p.) and Tonga (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported saw logs and veneer logs in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by Fiji ($X), with a X% share of total imports. It was followed by Marshall Islands, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Fiji (X% per year) and Marshall Islands (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per cubic meter, rising by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The level of import peaked at $X per cubic meter in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Fiji ($X per cubic meter), while Tonga ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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